Africa

South Sudan Hopes New Mining Law Will Unearth Treasuresi
X
June 01, 2013 7:13 PM
South Sudan won independence and vast oil reserves in 2011, when it split from civil war foe Sudan. As the rocky relationship with its northern neighbor jeopardizes oil exports, however, the new nation hopes a new mining law will attract foreign companies to unearth its mineral treasures and secure its future fortune. Hannah McNeish reports from the country’s 'wild east,' where thousands of people armed only with picks and pans are hunting for gold.

South Sudan Hopes New Mining Law Will Unearth Treasures

Published June 01, 2013

South Sudan won independence and vast oil reserves in 2011, when it split from civil war foe Sudan. As the rocky relationship with its northern neighbor jeopardizes oil exports, however, the new nation hopes a new mining law will attract foreign companies to unearth its mineral treasures and secure its future fortune. Hannah McNeish reports from the country’s 'wild east,' where thousands of people armed only with picks and pans are hunting for gold.


You May Like

China Investigates Former Powerful Security Chief

Former security chief and member of Politburo Standing Committee, Zhou Yongkang, under investigation for suspected 'serious disciplinary violation' More

India, US Look to Reset Ties During Kerry Visit

This week's talks will be first high level interaction between two countries since Prime Minister Narendra Modi took charge More

Video Young African Leadership Program Renamed to Honor Mandela

YALI program, launched by President Obama in 2010, aims to build skills in business, entrepreneurship, public management and civic leadership More